3i Group (OTCMKTS:TGOPY) Reaches New 12-Month Low – Should You Sell?

3i Group plc – Unsponsored ADR (OTCMKTS:TGOPY)’s stock price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $9.7960 and last traded at $9.98, with a volume of 569826 shares traded. The stock had previously closed at $9.88.

Analyst Ratings Changes

TGOPY has been the topic of a number of research analyst reports. Citigroup reiterated a “buy” rating on shares of 3i Group in a research note on Friday, November 14th. Kepler Capital Markets downgraded shares of 3i Group from a “hold” rating to a “strong sell” rating in a research report on Friday, November 14th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of 3i Group in a research note on Friday, January 30th. Finally, Royal Bank Of Canada downgraded 3i Group from a “hold” rating to a “strong sell” rating in a research note on Monday, January 26th. Four equities research analysts have rated the stock with a Buy rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.

3i Group Stock Performance

The business’s 50 day simple moving average is $11.05 and its 200-day simple moving average is $12.15.

3i Group Company Profile

3i Group plc is a London‑based international investment manager that specializes in private equity, infrastructure and debt investments. The company deploys capital both from its own balance sheet and through managed funds on behalf of institutional investors, targeting mid‑market buyouts, growth capital and core infrastructure assets. Its private equity activity typically focuses on acquiring, developing and exiting businesses through active ownership and operational improvement, while its infrastructure arm invests in long‑life assets that generate steady cash flows.

3i manages a portfolio of companies across a range of industry sectors, including business and financial services, industrials, consumer and healthcare, and technology.